Buk buk buk buk.
The price/capacity war, outsourcing/giving control of your product to someone else and IR brutality chickens are all coming home to roost. The CEOs and boards of all Australian airlines have lied to investors about the “amazing” profitability for so long that they are now in deep doodoo if they don’t deliver. No one is steering the ship anymore and the service is quite honestly crap. All we need is a terrible disaster and the circle will be complete.